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A message from the
DTI-Iloilo Provincial Director
"...Our vision of Iloilo with a developed, vibrant and sustainable
agri-industrial economy, challenges the DTI team to endeavor in creating
an environment conducive for investments in globally competitive
industries, services and agri-business projects.
In the achievement of this
vision, DTI will develop and promote economic activities that generate
income and gainful employment, provide accurate, relevant and timely
business information and consulting services, and safeguard consumer
welfare through enforcement of fair trade laws and advancement of
consumer empowerment in partnership with Local Government Units (LGUs),
Non-government Oganizations (NGOs) and other Government Organizations (GOs),
business and consumer groups..."
Diosdado P. Cadena, Jr.
Provincial Director, DTI-Iloilo
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SULONG!
SME UNIFIED LENDING OPPORTUNITIES FOR NATIONAL GROWTH
In support of the National SME
Development Plan,
the government financial institutions
collaborated
to design a uniform lending program, tailored fit to
meet the funding needs of SMEs. Under the uni-
fied lending program, the participating government
financial institutions (GFIs) shall apply simplified and
standardized
lending procedures ad guidelines...for
evaluating the loan applications of SMEs.
Those
qualified to borrow under SULONG are:
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Enterprises in all industries except trading of imported goods, liquor,
cigarettes and extractive industries.
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Enterprises
that are at least 60% Filipino-
owned, whose assets are valued at not more
than P100.00M, excluding the value of the
land, or subject to ownership rules as defined
under existing Philippine laws for specific industries.
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